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The Latest Breaking News from Nippon Steel

Over 300,000 Ohioans Are Employed by Foreign Companies. Why Isn't J.D. Vance Outraged?

Companies based outside the United States employ 7.9 million Americans. Foreign investment isn't something to be feared or blocked, but welcomed.

Reason

South Korea's top court orders a 3rd Japanese company to compensate workers for forced labor

South Korea’s top court has ordered a third Japanese company to compensate some of its former wartime Korean employees for forced labor

The Independent UK

White House Urges 'Serious Scrutiny' Of US Steel Takeover Deal

A proposed deal that would see US Steel Corp bought by Japan's Nippon Steel should be closely investigated by American authorities, the White House said Thursday, warning it could have national security implications.

International Business Times

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US Steel, Nippon Steel Seek US Security Review Of Takeover Deal

US Steel Corp and its potential buyer Nippon Steel of Japan are requesting a federal review of their proposed deal following congressional criticism that the transaction threatens US national security, US Steel said Thursday.

International Business Times

Steel Merger Delayed: US Politics Raise Concerns for Nippon Steel

United States politics throw a wrench in Nippon Steel's plan to acquire U.S. Steel, leaving investors anxiously awaiting the outcome. Read more here!

Top News

Nippon Steel Acquires U.S. Steel for .1 Billion

Nippon Steel's .1 billion acquisition of U.S. Steel reflects the soaring consolidation in the steel industry amid rising prices.

Barchart

Markets Today: Stocks See Support from M&A Activity

Morning Markets March E-Mini S&P 500 futures (ES H24) are up +0.26%, and March Nasdaq 100 E-Mini futures (NQH2 4) are up +0.15%. Stock index futures this morning are moderately higher on the increase in M&A activity after Nippon Steel agreed to acquire United States Steel for about $14.1 billion,...

The Independent UK

Storied US Steel to be acquired for more than $14 billion by Nippon Steel

U.S. Steel, the Pittsburgh steel producer that played a key role in the nation’s industrialization, is being acquired by Nippon Steel in an all-cash deal valued at approximately $14.1 billion

The Independent UK

Nippon Steel drops patent lawsuit against Toyota in name of partnership

Nippon Steel has dropped its lawsuit against Toyota over a patent for a technology used in electric motors, saying wrangling among Japanese companies was not beneficial to keep the nation competitive

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StockNews.com

Top 3 Steel Stocks Investors Are Chasing

The steel industry shows strong prospects, with core catalysts stemming the end-market revival. Let’s discover the compelling reasons driving investor interest in the evolving landscape of steel stocks Nippon Steel Corp. (NPSCY), Ternium S.A. (TX), and Voestalpine AG (VLPNY). Learn more….

Bangkok Post

G Steel, Nippon pact to reduce imports

A partnership between Thai manufacturer G Steel Group and Nippon Steel Corporation is expected to enable Thailand to be less dependent on imports, says Witoon Simachokedee, former permanent secretary of the Industry Ministry.

The Japan News/Yomiuri

Keidanren, S. Korean counterpart to create 'future partnership' funds

With Japan-South Korea ties seemingly improving by the minute, Keidanren (Japan Business Federation) and the Federation of Korean Industries announced Thursday in Tokyo that they will establish a "future partnership fund" in their respective countries.

The Independent UK

Japan, S. Korea summit must overcome history to renew ties

South Korean and Japanese leaders will meet in Tokyo this week, hoping to resume regular visits after a gap of over a decade and overcome resentments that date back more than 100 years

The Independent UK

South Korea plans fund to compensate forced labor victims

South Korean officials are considering creating a domestic fund to compensate Koreans who were enslaved by Japanese companies before the end of World War II, as they desperately try to repair relations with Tokyo that have deteriorated in recent years over historical grievances

The Japan News/Yomiuri

Nippon Steel reports 59 cyanide leaks over 5 yrs

Nippon Steel Corp. detected cyanide in waterways near its East Nippon Works in Kimitsu, Chiba Prefecture, 59 times over five years, according to a report the steelmaking giant submitted to local governments in the prefecture.

Al Jazeera

Sex slaves, forced labour: Why S Korea, Japan ties remain tense

Historical feuds over wartime abuses threaten to derail S Korea-Japan relations as N Korea steps up nuclear programme.

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